SEC Form 4 · accession 0000899243-16-028551
HOME BANCSHARES INC · HOMB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian Davis
Officer — Chief Financial Officer · Director
Period of report
Sep 6, 2016
Accepted (ET)
Sep 6, 2016 · 5:46 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001331520
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 6, 2016 | M | 7,128 | $2.66 | A | 18,976 | D | |
| Common Stock | Sep 6, 2016 | M | 7,760 | $4.66 | A | 26,736 | D | |
| Common Stock | Sep 6, 2016 | S | 14,888 | $23.1518 | D | 11,848 | D | |
| Common StockF1 | holding | — | — | — | 7,128 | I | By IRA | |
| Common Stock - RestrictedF1,F2 | holding | — | — | — | 20,000 | D | ||
| Common Stock - Performance BasedF1,F3,F4 | holding | — | — | — | 26,000 | D | ||
| Common StockF1,F5 | holding | — | — | — | 2,261 | I | By 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF6,F7,F8,F1 | $2.66 | Sep 6, 2016 | M | 7,128 | D | — | — | Common Stock | 7,128 | 0 | D |
| Stock OptionF6,F9,F1 | $4.66 | Sep 6, 2016 | M | 7,760 | D | — | Aug 28, 2017 | Common Stock | 7,760 | 0 | D |
| Stock OptionF6,F10,F1 | $5.68 | holding | — | — | — | — | Oct 16, 2018 | Common Stock | 13,200 | 13,200 | D |
| Stock OptionF6,F11,F1 | $16.77 | holding | — | — | — | — | Apr 16, 2024 | Common Stock | 20,000 | 20,000 | D |
| Performance Stock OptionF6,F12,F1 | $18.46 | holding | — | — | — | — | Aug 23, 2025 | Common Stock | 100,000 | 100,000 | D |
| Stock OptionF6,F13,F1 | $16.86 | holding | — | — | — | — | Mar 11, 2025 | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1The reporting person received shares as a result of the Company declaring a 2-for-1 stock split to shareholders of record as of May 18, 2016 and made payable June 8, 2016.
- F10The option is exercisable in five equal annual installments. The first installment became exercisable on October 17, 2009.
- F11The option is exercisable in five equal annual installments. The first installment became exercisable on April 17, 2015.
- F12Once the performance goal has been met, the Performance Stock Option awarded on August 24, 2015 will become exercisable in seven equal annual installments beginning on the first annual anniversary of the award date. The performance goal will be met as of the end of the calendar quarter when the Company has averaged $0.625 diluted earnings per share for four consecutive quarters or $2.50 total diluted earnings per share over a period of four consecutive quarters.
- F13The option is exercisable in five equal annual installments. The first installment becomes exercisable on March 12, 2016.
- F2Restricted Stock granted on August 24, 2015 will vest in 33 1/3% installments over five years beginning on the third anniversary of the award date.
- F3The Performance Stock awarded on August 24, 2015 will vest in 33 1/3% installments over five years beginning on the third annual anniversary of the date that the performance goal is met. The performance goal will be met as of the end of the calendar quarter when the Company has averaged $0.625 diluted earnings per share for four consecutive quarters or $2.50 total diluted earnings per share over a period of four consecutive quarters.
- F4The Performance Stock awarded on August 2, 2012 will "cliff" vest on the third annual anniversary of the date that the performance goal is met. The performance goal was met on September 30, 2013 and will therefore "cliff" vest 100% on September 30, 2016.
- F5Includes 25.867 shares acquired through the Home BancShares, Inc. 401(k) Plan since the reporting person's last filing.
- F6The exercise price decreased as a result of the Company declaring a 2-for-1 stock split to shareholders of record May 18, 2016 and made payable June 8, 2016.
- F7The option is exercisable in five equal annual installments. The first installment became exercisable on November 22, 2005.
- F8The option expires 10 years from the exercisable date. None of this option issuance remaining.
- F9The option is exercisable in five equal annual installments. The first installment became exercisable on August 29, 2008.